The insurance industry is one of the primary beneficiaries of the climate change panic.
The more people fear climate-related disaster, the more inclined they’ll be to buy up insurance or to pay higher premiums. No industry has a a greater interest in fanning climate panic than the insurance industry. Hat-tip: a reader.
German insurance industry moves to cash in
Check out this info-ad put out by a German insurance agent in the online Norderstedt Stadtmagazin, which I’ve translated in English.
€ ‘Unpredictable weather– protect yourselves!’
Norderstedt (em/mp) storm Kyrill or the summer flood on the Elbe: Over the last years the number of extreme weather events has increased.
Many scientists trace it all back to climate change. For homeowners, these natural disasters mean damages in the billions. ‘Because of climate change we have to prepare ourselves for the increase in extreme weather events and natural catastrophes,’ insurance expert Finn Herbert knows. ‘Rain deluges, flooding, storms, hail and long-lasting cold snaps or intense snowfalls can lead to huge damage to your buildings and your personal belongings. Everyone is vulnerable. Heavy downpours can even cause flooding far away from rivers and lakes.’
A normal residential building – and a personal property insurance are not enough to protect yourself from the consequences of so-called natural perils. This can be only offered by insurance against the risks of fire, strom, hail, lightning strike, water pipes, and in personal property insurance also against breaking in and theft. ‘For the elementary perils such as flooding, water back-ups, downpours, snow loads, landslides, sinkholes, avalanches and volcanoes there is insurance against natural hazards,’ explains Finn Herbert. ‘These can be included in with your home and personal belongings insurance. Give us a call – We’ll gladly inform you.’
Ernst von der Reith GmbH”
Big Insurance penetrates the IPCC
You’ve got to wonder when scientists like Stefan Rahmstorf work hand in hand with the reinsurance industry, writing doomsday reports that help fatten the bottom line. Hartmut Grassl, a climate alarmist, is also connected to Munich Re, the world’s largest reinsurer.
Reader DirkH points out how the Munich Re has at least two more agents at the IPCC. Working Group II AR5 Writing Teams, Chapter 10 — Key economic sectors and services, Eberhard Faust, Munich Reinsurance Company and an excerpt from a report from Dr Sandra Schuster, meteorologist with Munich Re, Sydney, who has just been appointed as a Lead Author (WG2) for IPCC AR5.
It’s a real scam when the insurance industry buys up science and pays the science institutes and scientists to spread fear among its customers, stampeding them into the arms of their sales agents. Once again it’s the little guy getting the shaft.
The insurance industry oversight authorities ought to read “Die kalte Sonne – Warum die Klimakatastrophe nicht stattfindet” and start cracking down on this dubious business.
It would be interesting to know what your insurance agent says about the “increasing climate risks”. My agent doesn’t believe it, and he knows I’m not duped by the scam.
11 responses to “German Insurance Industry Fanning The Fears Of “Climate Change” – Takes Over At The IPCC To Cash In”
Munich Re has at least two more agents at the IPCC.
Working Group II AR5 Writing Teams
Chapter 10 — Key economic sectors and services
Munich Reinsurance Company
“Here’s a slice from a report from Dr Sandra Schuster, a meteorologist with Munich Re, Sydney, who has just been appointed as a Lead Author (WG2) for IPCC AR5.”
Thanks, updated accordingly. The science is being bought!
Correction. The science was bought long ago.
Norderstedt – it borders on Hamburg. Well, if you can manage to sell them insurance against earthquakes, avalanches and volcanoes there, you’ll get a nice promotion from your company…
Don’t laugh too hard. There is a big fracking company in Norderstedt, WAT. If there is any shale gas in the area, guess what? … earthquakes.
Nope. In Lower Saxony and Northrhine-Westphalia, yes; but no shale in Hamburg. And we’ve been fracking in Lower Saxony for 50 years. No earthquakes I know of – well there was one having to do with pneumatic energy storage research in an old mine… ok… that and CCS could give Hamburg some tremors.
I wonder if they offer an insurance against the earthquakes and gas leakage caused by CCS…
Probably, and they’ll make lots of money doing it.
Wow, you’d think insurance companies were in it for the money or something.
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